Bulletin
Investor Alert

Asia Markets Archives | Email alerts

April 22, 2019, 3:39 a.m. EDT

China stocks retreat in mixed post-Easter Asian trading

Stocks flat in Japan and Korea

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    NIKKEI 225 Index (NIK)
  • X
    KOSPI Composite Index (180721)

or Cancel Already have a watchlist? Log In

By Associated Press and Marketwatch


Getty Images
Pedestrians cross a street in Tokyo’s Shinjuku shopping district

Asian stock markets were mixed Monday following the Easter holiday weekend as investors looked ahead to U.S. and Japanese economic data.

Benchmarks in Tokyo and Seoul gained while Shanghai retreated. Hong Kong and Sydney were closed for the holiday.

On Wall Street, the benchmark Standard & Poor’s 500 index ended a shortened trading week on Thursday, snapping a winning streak of three weekly gains.

Investors looked ahead to U.S. quarterly gross domestic product due out Friday. The United States reports new home sales Tuesday while Japan announces factory output on Friday.

“The broad expectation is for U.S. indices to grind higher,” said Jingyi Pan of IG Markets in a report.

“However, with prices nearing all-time highs, some sense of caution may be bound to set in,” Pan said. “Earnings and the first reading of U.S.’s Q1 GDP at the end of the week would be key for markets.”

Tokyo’s Nikkei 225 index /zigman2/quotes/210597971/delayed JP:NIK +1.55%  finished flat, alongside Seoul’s Kospi /zigman2/quotes/210598069/delayed KR:180721 +0.94%  . The Shanghai Composite Index /zigman2/quotes/210598069/delayed KR:180721 +0.94%   shed 1.7%.

Benchmarks in Taiwan  and Singapore /zigman2/quotes/210597985/delayed SG:STI -2.17%   gained.

Among individual stocks, Yahoo Japan /zigman2/quotes/207641152/delayed JP:4689 +1.37%   gained in Tokyo trading, while robotics maker Fanuc /zigman2/quotes/202054799/delayed JP:6954 +0.95%   declined. LG Electronics /zigman2/quotes/209966407/delayed KR:066570 -0.53%   and SK Hynix /zigman2/quotes/206420319/delayed KR:000660 -0.37%   slipped in Korean trading.

On Thursday, the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.24%   gained 0.2% to 2,905.03 before closing for Good Friday. The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.04%   rose 0.4% to 26,559.54. The Nasdaq composite /zigman2/quotes/210598365/realtime COMP +0.43%   added less than 0.1% to 7,998.06.

Benchmark U.S. crude   surged $1.65, or 2.6%, to $65.65 per barrel in electronic trading on the New York Mercantile Exchange, climbing on a report the U.S. is set to end sanction waivers for countries buying Iranian oil. The contract rose $1.20 on Friday to close at $64.07. Brent crude  , used to price international oils, soared $2, or 2.8%, to $74.01 per barrel in London. It gained 35 cents the previous session to $71.97.

The dollar /zigman2/quotes/210561789/realtime/sampled USDJPY +0.0576%   gained to 111.90 yen from Friday’s 111.91 yen.

/zigman2/quotes/210597971/delayed
JP : Nikkei
20,704.13
+315.97 +1.55%
Volume: 0.00
May 25, 2020 1:32p
loading...
/zigman2/quotes/210598069/delayed
KR : Korea Exchange
1,988.72
+18.59 +0.94%
Volume: 499,205
May 25, 2020 1:32p
loading...
/zigman2/quotes/210598069/delayed
KR : Korea Exchange
1,988.72
+18.59 +0.94%
Volume: 499,205
May 25, 2020 1:32p
loading...
/zigman2/quotes/210597985/delayed
SG : Singapore: SGX
2,499.83
-55.51 -2.17%
Volume: 0.00
May 22, 2020 5:20p
loading...
/zigman2/quotes/207641152/delayed
JP : Japan: Tokyo
¥ 445.00
+6.00 +1.37%
Volume: 5.87M
May 25, 2020 1:32p
P/E Ratio
26.39
Dividend Yield
1.99%
Market Cap
¥2090.72 billion
Rev. per Employee
¥77.26M
loading...
/zigman2/quotes/202054799/delayed
JP : Japan: Tokyo
¥ 18,095.00
+170.00 +0.95%
Volume: 237,100
May 25, 2020 1:32p
P/E Ratio
47.40
Dividend Yield
N/A
Market Cap
¥3438.48 billion
Rev. per Employee
¥95.87M
loading...
/zigman2/quotes/209966407/delayed
KR : S. Korea: KRX
56,000.00
-300.00 -0.53%
Volume: 312,373
May 25, 2020 1:32p
P/E Ratio
20.75
Dividend Yield
1.34%
Market Cap
₩10137.70 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/206420319/delayed
KR : S. Korea: KRX
81,000.00
-300.00 -0.37%
Volume: 1.89M
May 25, 2020 1:32p
P/E Ratio
35.55
Dividend Yield
1.23%
Market Cap
₩55609.30 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
2,955.45
+6.94 +0.24%
Volume: 2.19B
May 22, 2020 5:09p
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
24,465.16
-8.96 -0.04%
Volume: 255.66M
May 22, 2020 5:09p
loading...
/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
9,324.59
+39.71 +0.43%
Volume: 3.40M
May 22, 2020 5:16p
loading...
/zigman2/quotes/210561789/realtime/sampled
US : Tullett Prebon
107.6890
+0.0620 +0.0576%
Volume: 0.0000
May 25, 2020 12:52a
loading...

This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

World News from MarketWatch

Link to MarketWatch's Slice.